Hello Raffica.. answer NO!
Advanced Encryption Technology of America Inc., formerly known as Progressive Environmental Recovery Corp., Makes Announcement
BusinessWire, Monday, October 20, 1997 at 08:13
LONG BEACH, Calif.--(BUSINESS WIRE)--Oct. 20, 1997--Advanced
Encryption Technology of America Inc.'s (NASDAQ/EBB:AETI) ("Advanced
Encryption") president, Steve Fox, Monday announced that Advanced
Encryption completed a reverse merger with Progressive Environmental
Recovery Corp.
Advanced Encryption owns an exclusive license to develop and
supply cryptographic software and hardware solutions to business and
government customers.
Advanced Encryption manufactures and markets the Access Denied
Smartcard which is a security solution for protecting critical
information stored in notebook, desktop computers or servers.
Using leading edge smartcard technology together with the latest
data encryption techniques, the Access Denied Smartcard provides
complete confidentiality of information and denies access to
unauthorized users. Advanced Encryption's hardware and software
support both Windows 95 and Windows NT.
"We are thrilled at the overwhelming response we are getting
from customers in a variety of industries," said Fox, "and we are
anticipating rapid growth."
Advanced Encryption Technology of America Inc. is publicly
traded on the NASDAQ Electronic Bulletin Board under the symbol:
"AETI."
Ciao for now,
Marty
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